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China
Chinese Crypto News App CoinWorld Is Closing
CoinWorld said it is shutting down its operations effective immediately.
China's Bitcoin Mining Share Was in Decline Even Before Crackdown
China's share of mining slid to 46% in April 2021 from 75% in September 2019.
Almost All Chinese Provinces Have Blockchain-Boosting Policies
Crypto in China might be under unprecedented government pressure, but the opposite is true of blockchain technology.
3 More Chinese Provinces Shutter Crypto Mines as Clampdown Continues
Henan, Gansu, and Anhui provinces are the latest provinces to crack down on crypto mines to curtail energy use.
State of Bitcoin Mining in China as Crackdown Continues
Kevin Zhang, Foundry VP of Business Development, explains the history of China’s crackdowns on cryptocurrencies and mining operations from 2017 to where we are now. “The most recent crackdowns are the hardest we’ve ever seen,” Zhang said miners are headed to Eastern European and Central Asia. But could they return?
Brian Brooks on Binance's Global Regulatory Warnings
Amid global regulatory pressures against Binance, Brian Brooks, CEO of Binance.US, responds to whether this is a coordinated effort by regulators or something closer to a domino effect. "I think it's interesting how much attention Binance gets versus other exchanges," Brooks said, noting the intensifying regulatory scrutiny. Plus, new high-profile hires, U.S. risks for operating Binance.US, crypto regulation, stablecoins, and how China's crypto crackdowns impact the global crypto markets.
Bitmain Co-Founder Wu Says Regulatory Pressure Is Healthy for Crypto: Report
The higher level of interest will benefit the reputation of crypto overall, he said.
BIT Mining Raises $50M in Private Placement to Expand Overseas
BIT Mining's operations in China's Sichuan province were suspended last month as part of the country's crackdown on crypto.
Chinese Miner The9 Reserves Facilities From Russia's BitRiver
Facing regulatory pressure at home, The9 is looking to locate elsewhere.
Why China’s Crypto Mining Ban Is More Serious Than Before
Industry leaders say China's carbon neutrality policy is a key factor in the recent mining crackdowns, according to CoinDesk's David Pan. "The Hash" hosts discuss the deeper motivations for China's ban on crypto mining. "Fear factor definitely has a play in how hard they're clamping down on [mining]," host Naomi Brockwell said.